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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Monday, November 20, 2006

Trading levels and reports for Nov. 21st

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
 
 
LEVELS:
 
Contract (Dec.. 2006)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1413.77 1837.00 12429 803.00
Resistance 2 1410.83 1826.00 12407 799.00
Resistance 1 1407.17 1818.00 12376 796.00
Pivot 1404.23 1807.00 12354 792.00
Support 1 1400.57 1799.00 12323 789.00
Support 2 1397.63 1788.00 12301 785.00
Support 3 1393.97 1780.00 12270 782.00
         
Contract (Dec. 2006) Dec. Gold Euro Dec. Crude Oil Dec. US Bonds 
Resistance 3 633.23 1.2906 59.95 113 12/32
Resistance 2 630.37 1.2888 59.40 113  6/32
Resistance 1 626.23 1.2860 59.10 113  2/32
Pivot 623.37 1.2842 58.55 112 28/32
Support 1 619.23 1.2814 58.25 112 24/32
Support 2 616.37 1.2796 57.70 112 18/32
Support 3 612.23 1.2768 57.40 112 14/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Tuesday, Nov 21st, 2006


Economic
None
Events
ICSC/UBSW Chain Store Sales (7:45, last 2.1%). Redbook Retail Sales (8:55, last 3.4%). Fed's Warsh speaks on Market Discipline at NYSE at 10:00am. Fed's Lacker speaks to Richmond Economist's Group at 12:00pm. ABC Consumer Confidence (last 1). Trading Ex-split: STLD 2-1.
Earnings
Before the Open: BWS CBRL DE DOCC DLTR EV FRED GME GCO ITRN JBX MESA MWRK PERY TECD UNFI. After the Close: BGP BRCD CWTR JCG PSS.
 
Note all time are EST. ANY AND ALL TIMES AND DATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. INFORMATION HAS BEEN TAKEN FROM SOURCES DEEMED TO BE RELIABLE, BUT NO ASSURANCES CAN BE MADE TO THE ACCURACY OF ANY OF THIS INFORMATION.
 
 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!

Sincerely,

Ilan Levy-Mayer, M.B.A

Vice President
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
ilan@cannoncapital.com

Yahoo IM ilanlevy1970
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #614
Beverly Hills, Ca 90210

The finest compliment I can receive is a referral from a trusted client.
 
* Important Please Note: 
Trading commodity futures and options involves substantial risk of loss. 
The recommendations contained in this letter is of opinion only and does not guarantee any profits.
These are risky markets and only risk capital should be used.
Past performances are not necessarily indicative of future results. 
 

posted by Cannon Trading at 1:08 PM

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